6th Feb 2019 11:59
LONDON (Alliance News) - Regency Mines PLC on Wednesday said its proposed new chief executive and non-executive director have both decided not to take up the roles.
Regency shares were trading down 21% at 0.26 pence each on Wednesday.
The company will therefore continue with the existing board members, it said, though it plans to appoint an additional non-executive director.
At the end of January, Regency's Chair & CEO Andrew Bell resigned. Back then, the firm said it was in discussions with candidates for the appointment of a new CEO and non-executive.
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